3 parcels totaling 49.48 Acres just 2.5 miles north of Blanchard, Idaho and 10 miles south of Newport, WA. Easy access from Highway 41. Property has a 300+ GPM well that could be utilized by neighbors (for a fee/lease). There is at least 50k in net marketable timber (200mbf) on the acreage. No deed restriction on mining. Seller conservatively estimates 3,500,000 tons of material. Perhaps much more. County (who may be interested buyer) is currently discussing a material extraction contract/lease that would generate about $16,000 in cash flow per year to owner. That number could increase. Zoned R-5 in Bonner County.
Highway 41 north of Spirit Lake to Blanchard. Continue through Blanchard approx. 2.5 miles to property on north side of road.
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